ExxonMobil stock got a boost after former President Donald Trump was victorious in Tuesday's election. The post Is ExxonMobil Stock A Buy After Trump Win?
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ExxonMobil now expects a final investment decision for its Rovuma liquefied natural gas (LNG) project in Mozambique in 2026, the company said on Wednesday, pushing back the financial go-ahead by roughly a quarter.
U.S. oil company stocks rose Wednesday, with former President Donald Trump, viewed as a big backer of increased oil supply, set to return to the White House.
Exxon Mobil's stock continues to underperform the market, and investors should have expected that. Short-term headwinds for the stock remain, and we might see better entry points in the next 12-month period. Exxon, however, remains well-positioned in the long run, which makes the stock a solid hold for the time being.
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